Wall Street closes in correction territory as stocks tumble February 8, 2018 US stock markets confirmed they were in correction territory today after a week of wild swings. The Dow Jones Industrial Average and the benchmark S&P 500 were both more than 10 per cent lower than their record highs last month, closing down 4.2 per cent and 3.8 per cent, respectively. The tech-heavy Nasdaq ended the [...]
England and West Brom striker Jay Rodriguez “in disbelief” after racism charge from Football Association February 8, 2018 England striker Jay Rodriguez says he is “gutted and in disbelief” at being charged by the Football Association over allegations that he racially abused Brighton defender Gaetan Bong. The West Brom player faces a minimum ban of five matches if found guilty in relation to the flashpoint with Cameroon international Bong during a Premier League [...]
Brent crude and West Texas Intermediate (WTI) oil price sinks below $65 to hit its lowest point so far this year February 8, 2018 Oil has dropped below $65 per barrel to its lowest price of 2018 as the US pumps out record amounts of crude. At the time of writing, Brent crude oil prices were down 1.22 per cent at $64.71 a barrel while West Texas Intermediate, the US benchmark, was down 1.59 per cent at $60.81 a [...]
Tottenham can exploit Arsenal’s shaky starts in big games February 8, 2018 Arsene Wenger could be forgiven if he shuddered when Christian Eriksen scored after just 11 seconds to put Tottenham ahead against Manchester United last week. In doing so the Dane highlighted an aspect of the game in which Spurs outperform the Gunners, especially in big games such as Saturday’s derby between the north London rivals. [...]
Twitter share price rockets after turning a profit for the first time February 8, 2018 Twitter’s share price rocketed as markets opened in the US after reporting its first ever profit in what chief executive Jack Dorsey called a “strong finish to the year”. Shares leaped as much as 30 per cent after reporting net income came in at $91m, compared to a loss of $167m in the same quarter [...]
Manchester United’s Alexis Sanchez breaks shirt sales records following move from Arsenal February 8, 2018 Manchester United’s new signing Alexis Sanchez has broken records for shirt sales, the club’s executive vice-chairman Ed Woodward has revealed. Following Sanchez’s arrival at Old Trafford from Arsenal last month as part of a swap deal for Henrikh Mkhitaryan, United sold over three times as many shirts featuring his name as any previous January transfer. [...]
Arsenal boss Arsene Wenger: English players have learned — they might now be masters of diving February 8, 2018 Arsenal manager Arsene Wenger has warned football not to become comfortable with diving and says that English players have “become the masters” at simulation. Wenger was responding to comments from Tottenham boss Mauricio Pochettino, who said that the object of football was to “trick your opponent” and compared diving to tactics, ahead of Saturday’s north [...]
City told to “face the facts” over post-Brexit financial services trade February 8, 2018 The City has been told to “face the facts” that mutual recognition is not likely as a framework for trade after Brexit by a leading member of the Deutsche Bundesbank. Andreas Dombret, who has been on the central bank’s board since 2010, told delegates at a UK Finance conference he was “sceptical” as to whether [...]
Gina Miller denies links with billionaire George Soros and Best for Britain campaign February 8, 2018 Campaigner and activist Gina Miller, who successfully brought a legal claim to put the triggering of Brexit before parliament, has denied speculation that she is being funded by billionaire hedge fund veteran George Soros. Her knock-back of claims that Soros may be the deep pockets behind her recent campaigns came as reports emerged today that [...]
TfL dealt blow by Chris Grayling as he steps in to block “excessive” rise in penalty charges for London motorists February 8, 2018 Transport for London (TfL) has been dealt a fresh blow to its finances after Chris Grayling stepped in to block plans increasing motorist penalties in the capital, set to provide a revenue boost to the organisation. In correspondence seen by City A.M., London mayor Sadiq Khan wrote to the transport secretary in December to notify [...]